Govt. May Decide Its Corporation Tax Rate Position On Thursday.

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Tuesday, October 5th, 2021 9:27am

By Ciara Plunkett @plunkettciara

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File image: Paschal Donohoe/RollingNews

The OCED wants Ireland to increase the rate from 12.5% to 15%.

The government's expected to decide on Thursday if it'll abandon the country's 12.5 percent corporation tax rate.

It has been under pressure to join an international agreement and increase the rate to 15 percent.

However the Finance Minister's understood to be seeking further clarity and concessions, after yesterday receiving revised OECD proposals on the change.

'Make or break' Cabinet meeting could see Ireland abandon 12.5% corporation tax rate https://t.co/lOWovliPVW

— Irish Examiner (@irishexaminer) October 4, 2021

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